TYPES OF COMPENSATION IN HRM | MBA BBA BCOM PGDM | HR BASICS | DIRECT VS INDIRECT COMPENSATION

Discover the essential guide to understanding Types of Compensation in HR. This video dives into the Introduction, differences between Direct Compensation and Indirect Compensation and explains why each is crucial for employee satisfaction and company success. Perfect for HR professionals, students, and anyone interested in building an effective compensation strategy, this breakdown covers salary, wages, bonuses, health insurance, and retirement benefits in simple terms. Watch now to master HR basics and gain insights into creating competitive and balanced compensation packages